Mortgage & Finance Articles

4,627 Posts
F H A 203k: Cool Loan Includes Rehab Money @ Purch...
15 July, 2009| Home Buying, Home Improvements & Repair, Mortgage...
I just got back from StarTex Title on Buffalo Speedway where I heard an interesting presentation on FHA 203k loans. Kerrie Saeger of Houston Capital Mortgage shared her insights on this special loan p... read more
June Marks 9-Year High in F H A Loan Endorsements
14 July, 2009| Home Buying, Housing Market, Mortgage & Finance
The Federal Housing Administration endorsed 94,069 single-family mortgages in June, the highest number in nine years, according to the agency. Refinance transactions totaled 48,200 and purchase transa... read more
Why are Mortgage Rates Rising?
13 July, 2009| Home Buying, Home Values & Recent Sales, Mortgage...
  Mortgage rates have been pretty volatile recently and you, like me, my be wondering what is causing this fluctuation when the federal prime interest rate remains so low.  I asked the expe... read more
Mortgage Servicers Urged to Try Harder on Loan Mod...
13 July, 2009| Foreclosures & Investments, Home Selling, Mortgage...
  The Wall Street Journal recently reported the Obama administration is frustrated with the pace at which mortgage companies are modifying loans under its housing rescue program. Treasury Secret... read more
Perspective on the National Foreclosure Rate
13 July, 2009| Foreclosures & Investments, Housing Market, Mortga...
According to the Mortgage Bankers Association, 30% of American homes are owned outright—free and clear—with no mortgage.  Of the 70% of 1-4 family homes that do have mortgages, 96.15% are NOT in... read more
Banking regulators faulted
9 July, 2009| Mortgage & Finance, International Real Estate, Gen...
  Banking regulators faulted By MARGARET CHADBOURN Bloomberg News July 9, 2009, 12:51AM Federal regulators who are tightening examinations of banks amid the worst financial crisis in 75... read more
Terms of the $8,000 Tax Credit
8 July, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
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Home Affordability Index
2 July, 2009| Home Buying, Housing Market, Mortgage & Finance
 Historically, homes have rarely been this affordable to a home buyer.  This is especially true given the Tax Credit Incentive to first time home buyers.   A combination of lower... read more
All the Ways Your Laziness Is Costing You Money
24 June, 2009| Mortgage & Finance, Neighborhoods & Communities, G...
by Daniel AdlerMonday, June 22, 2009provided by A collection of financial improvements you can make right now — minimal sweat required. Brewer, abolitionist, social reformer and English Member o... read more
Down Payment Assistance
16 June, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
Downpayment will vary by county.  Downpayment starts from $9,500 up to $40,000 to purchase a home. read more
Buying A Home With Zero Cash
16 June, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
 If you are renting, why pay your landlord's mortgage?  Why not reap the benefits of building your own equity?  Are you renting because you are held back from owning your own home becau... read more
Who is eligible to claim the $8000 Tax Credit
16 June, 2009| Home Buying, Housing Market, Mortgage & Finance
First-time home buyers purchasing any kind of home—new or resale—are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before Decem... read more
HURRICANE PREP 101
15 June, 2009| Home Safety, Home Values & Recent Sales, Mortgage...
On the Texas Gulf Coast, we all know what June means -- hurricane season has arrived! Here are some tips from FEMA to be prepared. I have added a few of my own from recent experience! §&nbs... read more
Forecasting Interest Rates
10 June, 2009| Mortgage & Finance
  Forecasting Interest Rates The argument for rising interest rates is: Bankruptcy code changes:  Legislation is being introduced that will allow the courts (read judge), to alter... read more
Mortgage Rates Hit 25-Week High
5 June, 2009| Mortgage & Finance
Daily Real Estate News    June 5, 2009     Mortgage Rates Hit 25-Week High Mortgage rates across the board jumped this week, with conventional mortgages reach... read more
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